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Essay

The Foreign Exchange Market

Essay specific features

 

Issue:

Business

 

Written by:

Vance A

 

Date added:

January 10, 2016

 

Level:

University

 

Grade:

A

 

No of pages / words:

5 / 1333

 

Was viewed:

2414 times

 

Rating of current essay:

 
Essay content:

The foreign exchange market is where one countries' currency is exchanged for another. On any given day in the region of $1.5 trillion in foreign exchange is traded! By any shape or form, that's a lot. The stature dwarfs the worth of day-by-day international stock exchange. "It is almost 20% of the United States GDP and nearly the size of the U...
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"It is almost 20% of the United States GDP and nearly the size of the U.S. federal budget for an entire fiscal year (www.worldgameofeconomics.com)." Contrary to what several people may believe, the majority of foreign exchange trading is not in currencies, as such. Rather, it is in the form of bank deposit balances...
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General issues of this essay:
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